According to Bloody Disgusting, Ivan Reitman has the opportunity to direct Ghostbusters 3 but hasn’t decided whether or not to take the job. Reitman, who hasn’t directed a film since My Super Ex-Girlfriend in 2006 and now spends his time producing, also directed the first two Ghostbuster films. Reitman can be hit or miss – Ghostbusters was a comic revelation, but Ghostbusters II was a precipitous fall. However, he still has the talent to see it through.

Bloody Disgusting has plot and character details:

Apparently, the sequel takes place when the paranormal researchers “reopen” their ghost removal service after it has been closed for quite a few years. As previously reported, Harold Ramis, Bill Murray, Dan Aykroyd, Ernie Hudson, Rick Moranis and Sigourney Weaver have all confirmed their involvement (in various interviews on the web).

There were rumors that the movie would include a younger ghostbusting cast for a new generation, with the older cast working in a mentor capacity, which is intriguing. But why not also opt for a younger director? I hear that Ivan Reitman has a son who’s also a director… Maybe I’m being too fanciful, but I think that Jason Reitman would be great.